China stocks end at lowest in a month

SHANGHAI Feb 29 (Reuters) - China stocks closed at their
lowest in a month on Monday, as investors sold on fears that
rising real estate prices will cannibalise funds from shares,
aggravated by disappointing earnings by small-cap growth stocks
on the ChiNext index.

The CSI300 index of the largest listed companies
in Shanghai and Shenzhen fell 2.4 percent, to 2,877.47, while
the Shanghai Composite Index lost 2.9 percent, to
2,687.98 points.

During the day both indexes pressed against support levels
they found in January after a sharp crash, but late afternoon
buying held the line.
(Reporting by the Shanghai Newsroom; Editing by Jacqueline
Wong)